By Paul Sankey
Published on September 6, 2024 at 11:00 AM
Numerous conversations with clients this week, which was fun. I miss the days of the trading floor, of the random conversations, of the face-to-face interaction, hey, the water cooler. We had a great live Happy Hour on the rooftop of the Knickerbocker Hotel this week. My friend Rob is in New York luxury hotels, and business has never been better. The head of events at the Knickerbocker said “We get 85% occupancy without trying, and …
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By Paul Sankey
Published on August 1, 2024 at 7:41 AM
Comstock (Natgas) Resource: They Don’t Get It, but first, the truly shocker news overnight. Chevron-XOM-Hess arbitration delayed to May 2025. We do NOT subscribe to the market chatter that the third arbitrator in the CVX-Hess-XOM dispute over Guyana is Lee Raymond in a fake moustache. Also we believe that reports that the independent arbitrator is Tony the Exxon Tiger, are false. But this ExxonMobil spoiling tactic is working a charm, from their standpoint of holding …
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By Paul Sankey
Published on July 31, 2024 at 8:19 AM
Just some bits & pieces of transcripts for you today, more on the London property market at the end. We note, but do not pretend to cover, Microsoft warning on AI (Artificial Intelligence) profitability, ASML with good numbers (we continue to recommend Chip War as a must-read book to understand all this) but we do talk about independent power player and cult 2024 stock Vistra popping with others – Talen is one we have talked …
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